PPP by the numbers: An update
Through the second round of PPP funding, over 4.5 million loans totaling $511.4 billion, made by over 5,458 different lenders, have been dispersed across the country, covering payroll for millions of jobs and supporting nearly every industry.
As of June 6th, there have been 98,072 PPP loans valued at over $10.2 billion dollars approved for Coloradans over the course of both rounds of funding. Average loan size in CO is a little over $103,194
Colorado
:
Loan Count: 99,155
Approved Dollars: $10,232,212,836
Average loan size: $103,194
US
:
Loan Count: 4,531,883
Approved Dollars: $511,382,171,979
Lender Count: 5458
Average loan size: $112,841
Top 3 Industries for PPP in #s:
1. Professional, Scientific, and Technical Services
2. Other Services (except Public Administration)
3. Health Care and Social Assistance